Intel Corp (NASDAQ:INTC) price on current trading day, fall -0.35% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $24.03.
A look at the stock’s price movement, the level at last check in today’s session was $24.12, moving within a range at $23.73 and $24.31. The beta value (5-Year monthly) was 1.018. Turning to its 52-week performance, $45.41 and $18.51 were the 52-week high and 52-week low respectively. Overall, INTC moved -6.55% over the past month.
Intel Corp’s market cap currently stands at around $104.07 billion, with investors looking forward to this quarter’s earnings report slated for on 2025-Jan-29. The company has a Forward Dividend ratio of 0.25, with its dividend yield at 1.04%. As such, investors might be keen on an upside in the stock’s price ahead of the scheduled earnings report.
Analysts have a consensus estimate of 12.26B for the company’s revenue for the quarter, with a low and high estimate of 12.01B and 12.65B respectively. The average forecast suggests down to a -3.61% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 53.55B, representing a 0.84% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that INTC is a 50% Buy. On the other hand, the stock is on average a 50% Sell as suggested by medium term indicators while long term indicators are putting the stock in 50% Buy category.
31 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 16 analyst(s) rate the stock as a Hold, 11 recommend INTC as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 4 say it is a Sell. As such, the average rating for the stock is Hold which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
INTC’s current price about 5.27% and 10.53% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 55.74, while 7-day volatility ratio is 5.19% and 5.72% in the 30-day chart. Further, Intel Corp (INTC) has a beta value of 1.10, and an average true range (ATR) of 1.45. Analysts have given the company’s stock an average 52-week price target of $25, forecast between a low of $20 and high of $29. Looking at the price targets, the low is 16.77% off recent price level in today’s trading while to achieve the yearly target high, it has to move -20.68%. Nonetheless, investors will most likely welcome a -4.04% jump to $25 which is the analysts’ median price.
If we refocus on Intel Corp (NASDAQ:INTC), historical trading data shows that trading volumes averaged 125.82 over the past 10 days and 99.26 million over the past 3 months. The company’s latest data on shares outstanding shows there are 4.33 billion shares.
The 0.06% of Intel Corp’s shares are in the hands of company insiders while institutional holders own 64.10% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 125.52 million on 2025-02-28, giving us a short ratio of 1.07. The data shows that as of 2025-02-28 short interest in Intel Corp (INTC) stood at 290.00001000000003 of shares outstanding, with shares short rising to 108.57 million registered in 2025-01-31. Current price change has pushed the stock 19.88% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the INTC stock continues to rise going into the next quarter.
